AI Trading / Hedge Funds

[Anonymous No.21689328]

What's /biz/'s opinion on AI Trading hedge funds?
Does anyone have any experience with these?

This other day the Brave browser gave me an AD for a AI managed trading account.
Normally I just close these ads and collect my BAT, but this one caught my eye with it's over 20% average monthly interest and the fact that it also trades in crypto.

I haven't really had much luck with crypto trading, mostly just lost money on the fucking fees.

Do you think it would be better to get a 20% (-20% of that fee) monthly average interest on an AI trading account for those of us who have shit luck with crypto trading?
It does require a sizable minimum deposit, and the 20% fee on the compound interest does add up, but perhaps I could better live off that when such an account more than doubles over a year?

[Anonymous No.21689367]

>>21689328
dont know about AI but been dabbling with ML

[Anonymous No.21689596]

>>21689367
Do you use your own program or have an account with a company?

[Anonymous No.21689688]

>>21689596
i wrote my own in python, but im starting to think more low hanging fruit is arbitrage and market making

[Anonymous No.21689884]

Does anyone really manage make a 20% stable interest on their investment every month without professional help or experience?

I know it's not moonshot money, but so few people really make big moonshot money, and it's becoming more apparent every day...

/biz/ is full of dreamers, and I've fallen for that same damn dream without winning it.

I think I'm just going to settle back and let AI+professionals handle it.
I'll sleep better and not have to sit here all day every day for years trying to win big on a once up.

[Anonymous No.21689928]

>>21689328
I make 4% a week with my model on numer.ai and it’s massively overlooked and undervalued as far as I’m concerned.

[Anonymous No.21690031]

>>21689928
Never heard of that. Does it cost anything?
How much time do you spend trading a week to get those numbers?

[Anonymous No.21690039]

>>21689928
>numer.ai
are you accumulating

[Anonymous No.21690141]

>>21690031
Not aside from whatever amount you stake, but you have to build/train a model yourself.
I spend maybe 30 minutes a week retraining and submitting when they release new data. There a way to automate it but I’m lazy.

[Anonymous No.21690174]

>>21690039
Until I have enough to stop working yeah

[Anonymous No.21690251]

>>21689928

That's 700% a year compounding. What the fuck are you doing?

[Anonymous No.21690347]

>>21690251
Making sure the student loan debt was worth it :)

[Anonymous No.21690431]

>>21689328
WASSA WASSA WASSA BITCONNEEEEEEEEECT
It's a scam. Trading algorithms lose effectiveness the more volume runs through them. When you have one that works you just use our own money and try to keep it as secret as possible.

[Anonymous No.21690451]

By my calculations I can withdraw about 6400 dollar a month from the AI trading hedge if I put in all my savings and let them sit and grow for a year before withdrawing.

It's not wealthy money, but I can certainly live comfortably with that, and the sum will just keep increasing over the years, and without any work or effort on my part.

Should I go for it?

[Anonymous No.21690484]

>>21689328
Aren't you literally describing bitconnect?

[Anonymous No.21690519]

>>21689328
>>21690451
To clarify I’m just shilling my own thing on a tangent and whatever you’re talking about is almost certainly a scam.
Anything doing that well doesn’t advertise.

[Anonymous No.21690600]

>>21690431
It's not a scam, I looked into the one I'm considering getting an account with before posting here.

As for volume, I don't know about that, they are already trading with a large volume and still average over 20% a month. They are not trading in just crypto, they are trading in precious metals, oil and currencies too.

[Anonymous No.21690914]

So 20% a month sounds too good despite them using AI along with analysts?

Hmm, alright so don't put all my money into it.
I'll try with the minimum deposit for a couple of months and see how that goes before deciding if I should put everything in.

Meanwhile I guess I'll keep trying to play the moon game with the rest of my money here...

[Anonymous No.21691928]

>>21690519
can you give us some insight into your model

[Anonymous No.21692582]

>>21689688
Checked those digits

[Anonymous No.21693033]

>>21689328
If you know calculus and are willing to learn a bit of Python you can learn how to use neural networks. I would not use them for trading because they don’t work well in environments effected by unlimited variables.
Neural networks can learn to play a two player game because the variables are constrained.
Neural networks learn self driving because they are trained by humans and the variables are not as constrained, but they are not random. A bicyclist will only do a certain number of things and the laws of physics apply. I think AI trading bots are trained on your Robinhood data to know how to beat you and win because they study all the players. You can’t train on that data.

When you train an agent to trade you are up against ever shifting variables.

You should always just put your money into something you know has value and expect to get rich slow. The Federal Reserve system exponentially compounds the price of anything that has value. Most people sell when they get scared or before the exponential gains go parabolic.

[Anonymous No.21693433]

>>21690600
it is a scam, you are wrong, listen to people who know more than you